Europe Network Security Firewall Market

Market Introduction

The advanced technology is growing at a rapid pace owing to the surge in demand in the wide range of sectors. The evolving cyber-attacks has significantly increased, and the organizations are making significant investments in cyber security solutions. The increasing vulnerabilities, advancements in digital transformation, and others are making a significant impact on the Europe network security firewall market. Organizations are making significant investments for dynamic network infrastructure which is a key factor driving the Europe network security firewall market. Thus, the growth in the rising adoption of cloud and BYOD is expected to create a significant demand for network security firewall in the coming years, which is further anticipated to drive the network security firewall market.

Market Overview and Dynamics

The network security firewall market in Europe is expected to grow from US$ 713.9 Mn in 2018 to US$ 1907.5 Mn by 2027; it is estimated to grow at a CAGR of 11.7% from 2019 to 2027. Organizations across several industry verticals are opting for a Next Generation Firewall (NGFW), as they approach license renewal or the endpoint of its lifecycle, in spite of their current firewall infrastructure. Investment on the NGFW is considered a strategic move by the organizations, for enhancement of their securities by incorporation of additional layers of defense and reduction in substantial cost as well as operational overhead required for management and maintenance of these firewalls. Aggregated throughput, port density, and redundancy are also some of the key influencers enabling and encouraging the trend of Next generation firewall adoption. This is bolstering the growth of the network security firewall market.

Key Market Segments

In terms of deployment, the cloud segment accounted for the largest share of the Europe network security firewall market in 2018. In terms of component, the solution segment held a larger market share of the network security firewall market in 2018.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the network security firewall market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Adaptive Mobile security, AMD Telecom S.A., ANAM Technologies, Cellusys, Cisco Systems, Inc., Mobileum Inc., Openmind Networks, SAP SE, and Symsoft AB (Sinch) among others.

Reasons to buy report

• To understand the Europe network security firewall market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe network security firewall market
• Efficiently plan M&A and partnership deals in Europe network security firewall market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe network security firewall market
• Obtain market revenue forecast for market by various segments from 2019-2027 in Europe region.

EUROPE NETWORK SECURITY FIREWALL MARKET SEGMENTATION

By Component

• Solution
  • SMS
    • A2PSMS
    • P2ASMS
  • Signalling
    • SS7
    • Diameter
• Services

By Deployment

• On-Premise
• Cloud

By Country

• UK
• France
• Italy
• Germany
• Russia
• Rest of Europe

Company Profiles

• Adaptive Mobile security
• AMD Telecom S.A.
• ANAM Technologies
• Cellusys
• Cisco Systems, Inc.
• Mobileum Inc.
• Openmind Networks
• SAP SE
• Symsoft AB (Sinch)

Europe Network Security Firewall Market Strategic Insights

Europe Network Security Firewall Market Segmentation Analysis

Europe Network Security Firewall Market Report Highlights

Europe Network Security Firewall Report Scope

Europe Network Security Firewall Market Country and Regional Insights